Global Endoscopy Devices Market 2015-2019
June 24, 2015 | Business WireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "Global Endoscopy Devices Market 2015-2019" report to their offering.
The global endoscopy devices market to grow at a CAGR of 5.53% over the period 2014-2019.
The global endoscopy devices market can be segmented into three based on products: endoscopes, instruments and accessories, and services. The market can be further segments in terms of application: arthroscopy, laparoscopy, ENT endoscopy, GI endoscopy, gynecology, urology, and neurology.
Minimally invasive procedures such as endoscopy offer advantages such as less pain, faster recovery, small incisions, reduced blood loss, and cost saving. However, skilled surgeons are required because the process involves difficulties such as restricted vision, difficulty in handling instruments, and the need for proper hand-eye coordination. To further aid in this adoption, device manufacturers conduct various training programs on the use of endoscopy devices for medical professionals. Numerous research studies have also demonstrated the advantages of MIS over open surgeries. Most of the vendors are training the surgeons to perform minimally invasive or endoscopy surgeries. This helps the surgeons have hands-on experience in using the devices and performing surgeries. This is an upcoming trend, and it is expected to have a medium impact on the market in the future.
According to the report, procedures such as capsule endoscopy are safe for all age groups. Improved living conditions and quality of healthcare is increasing the demand for endoscopy procedures such as capsule endoscopy, percutaneous endoscopic gastrostomy, EUS, and examination of other intestinal conditions.
Further, the report states that safety concerns associated with reprocessed endoscopes is expected to have a moderate impact on the global endoscopy devices market.
Suggested Items
Commercial Demand Continues to Be the Main Driver of Personal Computing Device Shipments into the GCC Region
03/26/2024 | IDCThe Gulf Cooperation Council (GCC) personal computing device (PCD) market, which is made up of desktops, notebooks, and workstations, declined 4.0% year on year in 2023, with high inventory levels and reduced consumer spending the primary causes.
Suppliers Aim to Raise Contract Prices, But With Uncertain Demand, 2Q24 DRAM Price Increase Expected to Narrow to 3–8%
03/26/2024 | TrendForceTrendForce’s latest report reveals that despite DRAM suppliers’ efforts to trim inventories, they have yet to reach healthy ranges. As they continue to improve their lose situations by boosting capacity utilization rates, the overall demand outlook for this year remains tepid.
LPKF Reports Strategic Successes and Narrowly Achieves Forecast for 2023 Financial Year
03/26/2024 | LPKFLPKF Laser & Electronics SE generated revenue of EUR 124.3 million in the financial year (previous year: EUR 123.7 million) and earnings before interest and tax (EBIT) of EUR 3.7 million (previous year: EUR 6.8 million), putting the EBIT margin at 3.0% (previous year: 5.5%).
Arlon EMD and EMC Announce Expansion in California
03/25/2024 | Arlon EMDArlon EMD, a division of Elite Materials Company (EMC), announces a factory expansion at the Rancho Cucamonga, CA location. Arlon is a global leader in high performance thermoset substrates for mission critical printed circuit boards manufactured for high endurance and long-life programs. Arlon has a 45-year history of manufacturing specialty materials for the Aerospace, Industrial and Military (AIM) markets.
Intraratio Enhances MES + Yield / IoT Management with New Advanced Manufacturing Analytics
03/22/2024 | IntraratioIntraratio announced AICard, which harnesses the power of artificial intelligence and machine learning to empower manufacturers to make informed decisions quickly and accurately regarding product quality and manufacturing line performance and optimization.